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Search Results 0 to 49 of about 135 (some duplicates have been removed)
for the last year promising $5 trillion in tax cuts that favor the wealthy and yet the fellow on the stage last night looked like mitt romney said he did not know anything about that. >> also on thursday mitt romney took another huge step in his unfolding journey of self-discovery. speaking to shawn hennessy on fox news he repudiated the infamous 47% comments he made in may. >> in this case i said something that was just completely wrong. i absolutely believe, however, that my life has shown that i care about 100% and that's been demonstrated throughout my life and this whole campaign is about the 100%. when i become president it will be about helping the 100%. >>> all right. 100%. we're all in on the 100%. first let me throw it up to you guys. we've been chewing over the debate performance. i think my own take, that the president did not perform well in the debate. that's a real novel take on my part. that's what you tuned in for at home. but i don't think he performed as catastrophically poorly as other people seem to think he did. that's more or less where i'm at. maybe that's not great insi
away from fundamentally every position that he had taken. you cannot cut taxes by $5 trillion, as he's doing, and simply say, oh, i don't have that tax cut. i'm not going to cut taxes for the wealthy when the average high-income earner is going to get a $250,000 tax cut. >> let me stop you right there because the romney campaign has a new ad out just on that point and say the president and his team are aligned when they call it a $5 trillion tax cut. >> president obama continues to distort mitt romney's economic plan. the latest, not telling the truth about mitt romney's tax plan. the ap says it doesn't add up. abc news, "mostly fiction." even the obama campaign admitted it it wasn't true. >> well, okay, stipulated it won't be near $5 trillion. >> so does the campaign now accept that the cuts will be less than $5 trillion? >> no, absolutely not. i mean, look, if you're going to reduce the bush tax rates by 20% in the estate tax, in the amt, change the corporate rate and a whole host of other changes, that adds up in a reduction of revenue. the question for governor romney is what loo
economy under when all the bush tax cuts phase out and all the automatic spending cuts kick lo millions of americans likely to lose their jobs and millions of american families likely to face thousands more in cobere l a slope. if congress doesn't move fast, kick the recovery or maybe the country goodbye it is the story that no one is talking about. you have mentioned it, but w linat tss ao ich it. >>guest: what is amazing to me, this is the most predictable, avoidable financial crisis we have ever had in the history of this country. you are so right, if the bush tax cu eirendhe mapng cgo i ,megma -- elimination of the a.t.m. affecting 30 million people, the tax holidays goes around, unemployment benits go away, usecon if "newrrendous, 7 york times" thinks this is going to be a slope, they are dreaming. that money will come out of their checks the first of the year. we will see a slow down. i suspect we are not onlyoin aip a rssnyo yo cit honeywell or j.p. morgan, everyone can see it. >>neil: i am listening to james dime from j.p. morgan setting aside $200illion plus lls par t ssitisome
trillion tax cut to the american people, and you've got a -- not personally by name, but we now know it was you. let's just play a clip of this and see what your reaction is. >> well, actually, the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong, because when he says this, let's look at all the rates you're lowering, and then he ignores the fact that i say we're also going to limit deductions and credits and exemptions. he ignores that part. obviously that was corrected by his deputy campaign manager, who said that she stipulated that in fact, the $5 trillion number was wrong. it's completely wrong. >> he's talking about you there, stephanie. >> he is. >> he says that you said it was wrong. >> that's right. right. piers, i'm really glad you brought that up. so there's this thing called math and here are mitt romney's tax cuts. if you add up lowering the tax rate by 20%, eliminating the alternative minimum tax, repealing the high income payroll, repealing the estate tax, and lowering taxes for corporations, that totals $5 trillion. so that's mitt romney's
tax cuts phase out and all the automatic spending cuts kick in, a one-two punch that the most optimistic economies say will not the recovery for a loop, millions of americans likely to lose their jobs and millions of american families likely to face thousands more in taxes. "new york times" says the cliff could be more like a slope. if congress doesn't move fast, kick the recovery or maybe the country goodbye. it is the story that no one is talking about. you have mentioned it, but we are looking at the abyss and no one is touching it. >>guest: what is amazing to me, this is the most predictable, avoidable financial crisis we have ever had in the history of this country. you are so right, if the bush tax cuts expire and all the automatic spending cuts go into play, meaning the himmation -- elimination of the a.t.m. affecting 30 million people, the tax holidays goes around, unemployment benefits go away, it will are horrendous, 14 of 17 economists now say it will put us in a recession and if "new york times" thinks this is going to be a slope, they are dreaming. that money will
's tax plan. president obama and harvey rosen the professor is here tonight to set the record and in the president straight. welcome to "the willis report." gerri: hello, everybody, tonight, we began with the with the supreme court where nations justices take on one of the hottest issues out there. abigail fisher and university of texas for rejecting her for being white. joining me now, the former federal prosecutor and kelly stand on, a constitutional law attorney. welcome to you both. fred, i'm going to start with you. you might think that the court should rule in favor of the university of texas, which is fighting to keep these racial preferences. why is that? >> well, i'm not advocating one decision or another. if you look at supreme court questioning going back to 2000 and three race can be a factor in determining admission. in this case, i think for the university of texas, the majority of the students at the university of texas at intercampus if they are in the top 10% of their graduating class because of the way that the schools are set up. that leads to diversity. ger
and biden want to raise taxes by $8 trillion. guess what? yes, we do. >> sean: yes, you do. finally, a politician is telling you the truth. lich, folks. that's the vice-president. if re-elected over a trillion doctors in new taxes. you want to vote for that option? we'll check in with charles krauthammer on this busy friday edition of "hannity." mike rowe here at a ford dealer with a little q&a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of res? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor pre
woodward. and then... >> obama and biden want to raise taxes by $8 trillion. guess what? yes, we do. >> sean: yes, you do. finally, a politician is telling you the truth. lich, folks. that's the vice-president. if re-elected over a trillion doctors in new taxes. you want to vote for that option? we'll check in with charles krauthammer on this busy friday edition of "hannity." so anyway, i've been to a lot of places. you know, i've helped a lot of people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. is i can follow all my sports... catch the latest breaking news... keep in touch with friends... follow the financial headlines... find a great restaurant... and with siriusxm i can get weather forecasts... all from here. in my mercedes-benz. [ male announcer ] introducing mbrace2. the most comprehensive cloud-bas telem
to a failed economic theory, of tax cuts for the rich. the notion that let's go to war with "sesame street" but give wall street a big wet kiss, that's exactly what got us into this mess. that's what we've spent four years digging out. >> that's really not what they saw. i get the interpretation you've got a campaign to win. but what they saw was one guy who seemed to be somebody they had never seen before. he shattered the fiction of the advertising he was the guy brimming with new ideas and energy. they saw the president of the united states who was sleepwalking the whole time. >> i don't disagree -- >> the tired contrast rang a bell with people. romney's got ideas and the president, there's no vision for a second term. >> mike, i don't doubt this was somebody they never seen before. quite frankly, i think there were people in the romney campaign that had never seen this candidate. a week ago paul ryan was asked to explain the math of a $4.8 billion tax cut. he said i don't have time. mitt romney said, we don't do math. you cannot wish away the existence of your entire campaign platform
economic theory of tax cuts for the very rich, despite the fact that he denied the existence of tax cuts or the existence of math. the notion that let's go to war on wall street -- go to war with "sesame street" but give wall street a big wet kiss. that's exactly what got us into this mess. >> that's not what they saw. i get the interpretation. you have a campaign to win. but what they saw was one guy who seemed to be someone they'd never seen before. he shattered the fiction of the advertising. he was a guy brimming with new ideas and energy. and they saw the president of the united states sleep walking. >> mike, i don't think -- >> let me finish. the tired contrast rang a bell. romney has ideas, and the president has no vision for his second term. and i think that's what hurt him. >> mike, i don't doubt this was someone they had never seen before. i think there were people in the romney campaign who had never seen this candidate. a week ago paul ryan was asked to explain the math of a $4.8 trillion tax cut. and he said i don't have time. mitt romney said we just don't do math. like mat
on that but the fiscal cliff being the package of spending cuts and tax increases that are scheduled to go into effect the end of the year. and there is a lot of worry among economists and business people that could throw the economy and spending cuts in defense, you've got a lot of defense contractors word rid about what is going to happen after the turn of the new year. it's anybody's guess in terms of whether congress can come together after the election but before every new person takes office. there is hope that in the november through january period that congress and the white house can come to an agreement and either postpone those spending cuts or tax increases or come to some new agreement on the budget that could replace the fiscal cliff. i think there will be a postponement of it and perhaps waiting for the new presidential and congressional elections, wait until they come in and sort it out. but depending on how the election goes, the lame duck session which will be in office after the election might be a reason to make a deal before the new people come in. so we'll see. host: the next cal
this weekend. >> he for instance is going to raise taxes and his vice-president blurted out the truth. they plan on raising them trillion and it is two trillion when you put it together. that is an increase on taxes in maul business and that will mean less jobs. >>> and in the meantime obama campaign continues to hit mitt romney on the idea of being dishonest and nigh add out there saying he was not for a five trillion tax cut he was lying about that as he was when he said the president wants to raise the taxes $4000. obama disputed that that was independent but did not dispute the $4000 figure. and in the meantime president in cleveland making fun of mitt romney. listen to this. >> for all of you moms and kids out there. don't worry, somebody is getting tough on big bird. elmo, you better make a run for it. governor romney is going to let wall street run wild again but bring the hammer down on sesame street? >> and democrats are wondering where that president obama was in the debate on wednesday and people wonder if he will be tough one on one when he has the stage. >>> and the obama
will tax people who are trying to get somewhere instead of taxing people who are already somewhere. these people who are making billions of dollars have enough money to help others in need. they have enough money to give to the ones in need. instead of uniting the country and doing bad, we decide that we want to say, listen, we are going to pay these guys more than we will pay these guys. you have people on welfare that are barely making it. and obama is giving them a fighting chance. we have to give -- let me just say this one thing. and we ought to give the community a fighting chance. everybody has to have a fighting chance, as joe biden was saying last night. that is what they are thinking. host: did you participate in the democratic national convention in charlotte, when it was down there? caller: yes, sir. i was working down there. it was a mandatory work. host: what kind of work were you doing down there? caller: i was doing the about term attendant jobs at the airport. but i have just got laid off. and i'm going to re hard time. tuesday that 47% of the country does not want
are not paying taxes because frankly my discussion about lowering taxes isn't as attractive. it isn't elegantly stated, i'm speaking off the cuff in response to a question. >> now and then you're going say something that did not come out right. in this case i said something completely wrong. i absolutely believe that my life has shown that i care about 100%. and that has been demonstrated throughout my life. and this whole campaign is about the 100%. when i become president it will be about helping the 100%. >> did i say 47%? i meant 100%. i'm surprised he didn't go with 110%. how did the conservatives feel about this? from the club for growth, massive right wingers who are against any tax increases said this. there was nothing there to give us great concern. but we'll be watching what he does if he becomes president. now, in other words i hear you big guy, go ahead and lie all you need to. we know when you become president you're going to do exactly what we tell you to do. that's the problem. now let's figure out what went wrong with president obama's debate. for that let's bring in an epic po
the attacks. a week ago paul rhine was asked to explain the math of a tax cut and he said i don't have time. governor mitt romney had a massive performance and the underpenings of that was dishonest f. you are willing to say anything to get elect make up your positions, american people have to understand how they can elect you. >> steve: is calling mitt romney and ryan a good strategy. here to weigh in is washington insider amelia and democrat pollster marjorie. good morning to both of you. >> margey. it does sound like according to the new york times, 10 minutes before the end of the debate they were on a conference call talking about he stunk up the place. we'll have to go full steam ahead on a new attack and that is going to be romney is a liar. >> any time you hear mitt romney express different position than the day before it is for voters to know. we would be talking about mitt romney's loose interpretation of the facts regardless of what the people thought of the pet's performance. his own campaign walked back what romney said about covering people with preexisting conditions in the h
session is what to do about the fiscal cliff, this whammy, this triple whammy of tax hikes and defense cuts and social program cuts that are scheduled to take effect the first of the year. i talked to one democratic congressman, a leader last night, i ran into him at an event in suburban washington. he said, don't look for congress to do anything substantiative in that lame duck, however, they might push that deadline back, work out some kind of deal, push it back six months, and get some serious negotiations on what to do about that fiscal cliff, some time in the springtime. >> mike viqueira, thank you. >>> the spin machine is in full effect over those jobs numbers. first, president obama used his weekly address to tout that drop in unemployment numbers to 7.8. >> more americans are entering the workforce, more americans are getting jobs. >> but mitt romney on his weekly podcast this morning argued that it is just more proof that obama's policies had failed. >> we created fewer jobs in september than in august, and fewer jobs in august than in july. and we've lost over 600,000 manufac
chosen, denied the big tax cut from 35% down to 28% for people at the top bracket. the all-out elimination of the estate tax, the big-time cut in the corporate rate. he denied his plan to eliminate medicare, denied he would kill coverage for those with pre-existing conditions. he got away without bothering to deny his plan to let the automobile industry to go bankrupt and to dump 40 million people to wait in the emergency room. let's look at some of the latest polling in the wake of wednesday's debate. this afternoon pew released a poll that showed a dramatic shift toward romney. this poll covers the four days since the debate, and it has romney pulling even with president obama among registered voters, 46% even. four weeks ago pew had obama up by nine among registered voters, so this has been a huge shift in the pew poll. the move in the pew poll towards romney is greater among likely voters. romney is surging ahead to 49%. four weeks ago obama led among likely voters by eight. now to the latest gallup tracking poll which covers the last seven days. gallup has president ob
have a theory that you try and fix things in the economy, get a more efficient tax code, get the deficit down over time. that that will help you. when you give them truth serum, you're talk and you off the record, the disruption might be tough for the first few months. but they would argue that the longer term, since we're on the right track would be worth it. that's not an argument you see in the debates. it's not the way the argument gets framed. but that's the core ideological dispute in the election. >> on the other side that's been surprising is president obama, they don't talk about their big idea on the jobs. they don't talk about the jobs act. they didn't bring it up in the debates. why do you think that is? because that is a big responsive, a big idea on jobs here. >> there's a great new book called the "new new deal" about the stimulus that came out in 2009 and was almost $8 hundred billion saying it was a great success. it did a lot of things to help this recession from being worse. it's something that the president's political advisers, they do the polling. it doe
people are you paying payroll taxes? that's a pretty good number. the unemployment comes from what we call the household survey, calling people up at home and saying do you have a job? are you working? are you unemployment and looking for a job or unemployed and not looking for a job. in that group it's a larger group because you have the self-employed. over the obama years, more and more people have left the labor force completely. especially older people between 50 and 56 that live off their savings and ira's before they should. some of those folks have returned in part-time work essentially in home-based businesses. about 110, 115,000 jobs are created in the establishment survey or the employer survey. but about 850 in the household survey, that would imply 700,000 or about 5% of american families have established a home-based business. it's completely implausible that that could happen. >> okay. so you say it's completely implausible and you are not the first economist to say this. and the only sample in terms of teeny fraction something like 55,000 people they call. is it possibl
Search Results 0 to 49 of about 135 (some duplicates have been removed)